Financial Services
China Everbright Limited and Terminus Technologies Launch A 10-Billion AI Economy Fund
BEIJING, July 12, 2020 /PRNewswire/ -- China Everbright Limited ("CEL"), and Terminus Technologies (Terminus), recently announced the joint launch of "CEL AI Economy Fund", aiming to raiseRMB 10 billion and operate in both Renminbi and US dollars. So far, the fund has received RMB 7 billion in ...
Mercurity Fintech Holding Inc. Announced Changes to Board Composition
BEIJING, July 10, 2020 /PRNewswire/ -- Mercurity Fintech Holding Inc. (the "Company" or "MFH") (Nasdaq: MFH) today announced that Mr.Samuel Y. Shen has been appointed as independent director to the Company's board of directors (the "Board") and a member of the compensation committee of the Board....
China Rapid Finance Announces Change of its NYSE Ticker Symbol to "SOS" to Highlight Emergency Rescue Services Business
SHANGHAI, July 10, 2020 /PRNewswire/ -- China Rapid Finance Limited (NYSE: XRF) (the "Company") today announced that the Company's ticker symbol on the New York Stock Exchange will change from "XRF" to "SOS," effective at the start of trading onJuly 20, 2020. Mr. Yandai Wang, CEO of the Company,...
36Kr launched the "8-minute Conference" to help entrepreneurs connect with partners
BEIJING, July 10, 2020 /PRNewswire/ -- In April 2020, in order to help entrepreneurs effectively connect with investors and potential partners through online communication platform, 36Kr, a NASDAQ-listed company with the ticker of KRKR, launched the "8-minute Conference". The 8-minute Conference ...
Ambow Education Announces First Quarter 2020 Financial Results
BEIJING, July 9, 2020 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading national provider of educational and career enhancement services inChina, today announced its unaudited financial and operating results for the three-month period endedMa...
Senmiao Technology Announces Financial Results for Fiscal Year Ended March 31, 2020
CHENGDU, China, July 9, 2020 /PRNewswire/ -- Senmiao Technology Limited (NASDAQ: AIHS) ("Senmiao"), a provider of automobile transaction and related services targeting the ride-hailing industry inChina, today announced its financial results for its full fiscal year endedMarch 31, 2020. Fiscal Ye...
National Geospatial Information Center Boosts Luokung's all Aspects of Development in Application for Geospatial Information industrialization
BEIJING, July 9, 2020 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"),one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company inChina, today announced it has entered into a str...
Bright Scholar Schedules Unaudited Financial Results for FY2020 Third Fiscal Quarter Ended May 31, 2020
FOSHAN, China, July 9, 2020 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our" ) (NYSE: BEDU), a global premier education service company, today announced that it will release its unaudited financial results for the third fiscal quarter ended...
New Conservis Capabilities Transform Financial Management For Farmers
Enhancements to farm management platform give growers greater visibility to financial performance MINNEAPOLIS, July 9, 2020 /PRNewswire/ -- Conservis, the global leader in enterprise farm management software announces enhanced financial management capabilities to its robust platform. Developed i...
Senmiao Technology Signs an Investment Agreement with Hongyi Industrial Group to Invest RMB50 Million in Senmiao's Auto Business
CHENGDU, China, July 8, 2020 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry inChina, today announced that its Chinese variable interest entity has secured aRMB50 million (...
Equiteq advises Water Street Partners, a leading joint venture and alliance advisory firm, on its sale to Ankura
NEW YORK, July 8, 2020 /PRNewswire/ -- "It is hard to imagine the Equiteq team ofAdam Tindall, Dan Kim, Ravi Dosanjh, and Tom Tartaglia delivering a deal under more difficult circumstances. The COVID pandemic was breaking out as we signed the LOI – Adam and the team steered us through tremendous ...
Renren Announces Filing of Annual Report on Form 20-F
BEIJING, July 7, 2020 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), which operates a leading premium used auto business inChina through its subsidiary Kaixin Auto Holdings (NASDAQ: KXIN) ("Kaixin") as well as several U.S.-based SaaS businesses, today announced the filing o...
Golden Bull Limited Completed $17.2 Million Financing and is Delayed in Filing its Annual Report on Form 20-F
BEIJING, July 7, 2020 /PRNewswire/ -- Golden Bull Limited (NASDAQ: DNJR) announced today it has completed its$17.2 Million Financing and is delayed in filing its Annual Report on Form 20-F for the year endedDecember 31, 2019. On July 6, 2020, Golden Bull Limited ( the "Company") completed the sa...
500.com Limited Receives Notification from NYSE Regarding Delayed Filing of 2019 Annual Report
SHENZHEN, China, July 7, 2020 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com," "the Company," "we," "us," "our company," or "our"), an online sports lottery service provider inChina, today reports that as of July 1, 2020, it is delinquent in filing its annual report on Form 20-F for the f...
Future FinTech Reports First Quarter Results
BEIJING, July 7, 2020 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain e-commerce and financial technology company, today announced its financial results for the first quarter of fiscal 2020. Revenue for the three months e...
IT Tech Packaging, Inc. Updates on Non-medical Single-Use Face Masks Business
BAODING, China, July 7, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products inNorth China, today announced that it recognized revenue ofRMB6.73 million through June 30, 2020 ...
Farmmi Expands Use of Online and Cloud-based Sales & Marketing Platforms to Drive Growth
LISHUI, China, July 7, 2020 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier inChina, today announced it has been expanding the use of online and cloud-based sales and marketing platforms to drive growth in sales of its Shiitake mushrooms, ...
Wuhan Development Zone attracts nearly 90 bln yuan in post-epidemic investment promotion
WUHAN, China, July 7, 2020 /PRNewswire/ -- Wuhan held the first post-epidemic large-scale investment promotion activity in southChina's economic hub Shenzhen onJuly 1. Market entities of the two places signed 13 projects involving next-generation automobiles, artificial intelligence, automobile a...
TAL Education Group to Announce First Quarter of Fiscal Year 2021 Financial Results on July 30, 2020
BEIJING, July 7, 2020 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a leading K-12 after-school tutoring services provider inChina, today announced that it will release its unaudited financial results for the first quarter of fiscal year 2021 endedMay 31, 2020, before ...
Abakus Won "Global AI Service Innovation Golden i Award"
BEIJING, July 5, 2020 /PRNewswire/ -- The 2020 Innovative National Development Forum was held online onJune 28th. At the event, the "Golden i Award", regarded by the industry as the bellwether in terms of innovation across the world of AI, was announced. Abakus won the "Global AI Service Innovati...
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